Stocks are mixed Friday, with the Dow Jones Industrial Average up 0.11%, the Nasdaq up 0.02% and the S&P 500 down 0.01%. Friday’s winners include a wireless equipment manufacturers boosting revenue and a struggling supermarket chain getting closer to a buyout. Meanwhile, the only loser is a software maker who missed second-quarter earnings expectations.
These are Friday’s market winners and loser.
Biggest Winners
Shares of Aruba Networks, Inc. (NASDAQ: ARUN) are up 18.38% to $20.03 on trading volume of 5.1 million shares. Excluding special items, the wireless equipment maker reported fourth-quarter earnings of 18 cents a share, better than the 17 cents a share Wall Street was expecting, on revenue growth of 22%. The 52-week high is $25.55.
Shares of SUPERVALU Inc. (NYSE: SVU) are up 10.37% to $2.34 on trading volume of 3 million shares. Bloomberg reports that the grocery chain is asking potential buyers to purchase the entire company rather than just parts. The 52-week high is $8.75.
Biggest Loser
Shares of Autodesk, Inc. (NASDAQ: ADSK) are down 15.96% to $30.01 on trading volume of 17.6 million shares. The company’s second-quarter earnings of 28 cents a share is below the 48 cents a share Wall Street was expecting. The 52-week low is $24.63.
NVIDIA has returned 250-fold in the past 10 years as artificial intelligence took off.
But if you missed out on NVIDIA’s historic run, your chance to see life-changing profits from AI isn’t over.
The 24/7 Wall Street Analyst who first called NVIDIA’s AI-fueled rise in 2009 just published a brand-new research report named “The Next NVIDIA.”
The report outlines key breakthroughs in AI and the stocks ready to dominate the next wave of growth. The report is absolutely free. Simply enter your email below
By providing your email address, you agree to receive communications from us regarding website updates and other offerings that may be of interest to you.
You have the option to opt-out of these emails at any moment. For more information, please review our Disclaimer and Terms of Use.